Salora International’s board has approved the proposal for sale / divestment of the company's property situated at B-31 to 34 & B-50 to 53, Sector - 80, NOIDA - 201 305, District Gautam Budh Nagar, Uttar Pradesh to reduce debt of the company and the corresponding interest burden. The potential sale will have no adverse impact on the operations of the company. The board of directors of the company at its meeting held on April 8, 2021 has approved the same.
Salora International (SIL) is the flagship company of Jiwarajka Group. SIL is a leading player in the Indian consumer electronics industry and caters to both the retail and the B2B space.
